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For saleListed 267 days agoMLS® X12705462

70 Murphy Street, Quinte West, ON

Trenton Ward, Quinte West · View map

$1,299,000
Vacant LandType
.50-1.99Lot
$5,204/yrTaxes
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$1,299,000

About this property

ATTENTION BUILDERS & INVESTORS!! * CORNER LARGE COMMERCIAL LOT * Next to Tim Horton's & LCBO Plaza * Offers ENDLESS POTENTIAL for COMMERCIAL AND RESIDENTIAL USES * Located at the intersection of MURPHY AND MIDDLE STREETS IN DOWNTOWN * Ideal for MIXED-USE DEVELOPMENT * The lot is suitable for a variety of possibilities, including a CHILD CARE CENTRE, PLACE OF WORSHIP, RETIREMENT HOME, and More! (CHECK ATTACHED DOWNTOWN COMMERCIAL BY-LAW FOR ALL PERMITTED USES) * Zoned C2-4, the property comes with a CONCEPT PLAN for a 6-STOREY BUILDING featuring 3 COMMERCIAL UNITS, 1 OFFICE RENTAL SPACE, and 47 RESIDENTIAL UNITS (7 TWO-BEDROOM + DEN, 34 TWO-BEDROOM, AND 6 ONE-BEDROOM UNITS), along with 51 PARKING SPACES * The lot is ALREADY PAVED and equipped with CITY WATER AND SEWER CONNECTIONS * Located in a PRIME AREA, it is just a 2-MINUTE WALK to TIM HORTONS, TACO TIME, LCBO, and within proximity to SHOPPERS DRUG MART, METRO, TRENTON MARINA, and the TRENT RIVER * The location ensures STEADY FOOT TRAFFIC from both locals and visitors, making it PERFECTLY SUITED FOR MIXED-USE DEVELOPMENT and offering DUAL INCOME STREAMS from commercial and residential spaces * Don't miss this extraordinary opportunity to build something remarkable in the heart of Downtown Trenton! Corner Of Murphy And Middle Street. The majority of the lot is paved and has parking for 40 vehicles. * City Water & Sewer Connections In Place * Bus Stop ID: 008 at Middle & Murphy is right next to the property line. * PRICED TO SELL! Offer Welcome Anytime * An incredible and rare corner development opportunity awaits in Downtown Trenton! PRICED TO SELL!

The property

Type
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Waterfront

Waterfront
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Exposure
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Heating & systems

Sewage
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Lot & taxes

Acreage
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Taxes
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Listing

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Listed
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Estimated monthly cost—Mortgage, property tax and insurance
  • Mortgage
  • Property tax
  • Insurance

Cash needed to close

  • Down payment
  • Ontario land transfer tax
  • Legal fees and title insurance (est.)
  • Inspections: building, septic, water (est.)
  • Total to close

Estimates for illustration only. Recreational property can need a larger down payment and a different rate than a city home. See how cottage financing works.

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70 Murphy Street, Quinte West, ON

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Listing courtesy of EXP REALTY. Listing data © PropTx MLS®. Information deemed reliable but not guaranteed.

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